Fenix Parts (FENX) Posts Q3 Loss of 33c/Share

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Fenix Parts Announces Third Quarter 2015 Results

November 16, 2015 8:52 PM EST

WESTCHESTER, Ill., Nov. 16, 2015 (GLOBE NEWSWIRE) -- Fenix Parts, Inc. (Nasdaq: FENX), a leading recycler and reseller of original equipment manufacturer (OEM) automotive products, today announced third quarter and year-to-date 2015 results.  Fenix completed its IPO and the acquisitions of its eight founding companies (Founding Companies) in mid-May 2015, and another acquisition (Ocean County Auto Wreckers) in August 2015. The accompanying financial statements include results of Fenix Parts, as a standalone entity for the period from inception in January 2014 to May 18, 2015, and the entire company on a consolidated basis for the period May 19 - September 30, 2015, including the preliminary purchase accounting... More